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The AUD/NZD exchange rate held steady on Tuesday and was about to form a golden cross after the Reserve Bank of Australia (RBA) delivered its interest rate decision. It was trading at 1.0965, up by nearly 3% from its lowest level this year.  RBA interest rate decision The AUD/USD exchange rate rose following the RBA’s […]

The Zimbabwe ZiG currency is holding steady against the US dollar and other currencies as its reserves jump and the country’s economy perform well. The official USD/ZWL exchange rate was quoted at 26.5 by the Zimbabwean Central Bank. Why the Zimbabwe ZiG is stable The ZIG currency has been relatively stable this week because of […]

The USD/RUB exchange rate moved sideways on Thursday as traders waited for the upcoming meeting between Donald Trump and Vladimir Putin of Russia. It was trading at 79.70 on Thursday, inside a range where it has been in the past few weeks. Trump and Vladimir Putin meeting The main catalyst for the USD/RUB pair this […]

The USD/IDR exchange rate remained in a tight range this week as investors waited for the upcoming Bank of Indonesia (BoI) interest rate decision and the Jackson Hole Symposium in Wyoming. It was trading at 16,230, higher than this week’s low of 16,100. Bank of Indonesia central bank decision  The USD/IDR exchange rate will be […]

The Zimbabwe ZiG currency has moved sideways this year as it outperformed many of its peer currencies. Data provided by the central bank shows that the exchange was trading at 26.7 today, August 19, where it has remained in the past few months.  Zimbabwe ZiG helped by key tailwinds The Zimbabwe ZiG currency remained in […]

The USD/CAD exchange rate has held steady in the past few weeks as market participants react to the US and Canada trade war and the actions of the respective central banks. Here are the top three catalysts for the USD to CAD exchange rate this week. Canada consumer inflation data The first main catalyst for […]

The USD/ZAR exchange rate rose for the fourth consecutive day as market participants reacted to the latest South African inflation data and the upcoming speech by Jerome Powell at the Jackson Hole Symposium in Wyoming. It rose to a high of 17.75, up from this month’s low of 17.47.  South Africa inflation is rising The […]

The South African rand had a strong performance in August, even as the US implemented tariffs against the country. The USD/ZAR exchange rate tumbled to a low of 17.4, its lowest level since November 2024, and 12.6% from its highest level this month.  Why the South African rand has surged The USD/ZAR exchange rate retreated […]

The EUR/USD exchange rate was flat this week as market participants reflected on key events, including the statement from Jerome Powell and the important macro data from the United States and Europe. It was trading at 1.1665 on Friday as investors waited for the upcoming US PCE report.  Focus on the US monetary policy The […]

The Indian rupee slump accelerated on Friday, reaching its lowest level on record as investors reacted to the ongoing trade conflict with the United States. The USD/INR exchange rate was trading at a record high of 88.20. It is up by 5.17% from its lowest level in April this year, making it the worst-performing currency […]